Recreational Land for Sale on Big Reed Island Creek

Description

Recreational Land for Sale on Big Reed Island Creek

Searching for your dream recreational getaway with frontage on Big Reed Island Creek? Look no further than this +/- 44.979 acre property in Hillsville, VA. Property would be great for a recreational getaway, secondary home on the water, or hobby farm in the country. The land is great for livestock, hunting, fishing, camping, ATV riding, kayaking, canoeing…. the list could go on! With power already on the property, it makes for a great spot for your new homesite or recreational cabin.

Horse Shoe Bend Road splits the property almost in half. The north side has +/- 4 acres of open land with good building spots, great views, wooded acreage and over 800 feet of frontage on Big Reed Island Creek. The south side of the property has +/- 4.5 acres of open land with great views, building spots, wooded acreage and over 1,000 feet of frontage on Big Reed Island Creek. Refer to maps that show how Big Reed Island Creek flows from the north portion of property then loops back to the southern portion of property. The trails to the creek are marked with signs and ribbon. Property is located near Laurel Fork, Dugspur, Meadows of Dan, and Floyd VA. The Blue Ridge Parkway is also close by!

Property is on both sides of Horse Shoe Bend Road. Horse Shoe Bend Road is a state maintained road for approximately 1 mile off of Danville Pike (Highway 58). The portion just prior to property and the part that goes through the property is not state maintained. According to the survey in Bidder Pack, a portion of neighbors porch, driveway, and possibly drain line encroach on a small part of the southeast corner of this property. Refer to survey.

Online Auction Ends Friday, September 20th at 3 PM
TBD Horse Shoe Bend Rd., Hillsville, VA 24343

Click Here for Bidder Packet
Click Here for Interactive Map

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com.

DIRECTIONS: From Meadows of Dan, VA – take Highway 58 West, to a right on Horse Shoe Bend Road. In approximately 1.25 miles, the property is on both sides of the road. See signs.

From Hillsville VA – take Highway 58 East, to a left on Horse Shoe Bend Road. In approximately 1.25 miles, the property is on both sides of the road. See signs.

BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before November 4th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 3 PM on September 20th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes for every bid placed. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.